AGP Executive Report
Last update: 2 hours agoBig Four & housing: Commonwealth Bank’s FY26 update is in focus as it reports a near-$11bn profit but warns of slowing growth and a sharp drop in mortgage applications, adding to pressure on borrowers and the broader ASX mood. RBA watch: Reserve Bank deputy governor Andrew Hauser is set for a “fireside chat” on the economic outlook and interest-rate implications, with consumer sentiment still battered by housing weakness and recent rate moves. Rent-to-buy push: A new Australian proptech plan aims to help renters build a deposit by redirecting rent payments into a home deposit pathway, targeting affordability as median rents hit record levels. Super & passive income: Commentary continues on using superannuation for dividend-like cashflow goals, alongside practical guidance on building income portfolios. Payments disruption: Mastercard outages and declined payments in Australia are being linked to a global issue, raising questions for banks and fintechs on resilience. Policy & risk: NSW begins Australia’s biggest gun buyback in decades after Bondi, with federal-state cost sharing—already shaping political debate. FDI angle: Australian investors pledge direct commitment to Sri Lanka in sectors like sustainable energy, recycling, dairy and 3D printing.
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